Marshall Islands

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About Marshall Islands

The Marshall Islands, officially known as the Republic of the Marshall Islands is an island country in the Micronesia region of the Pacific Region. The country has over 1156 individual islands and islets. The country is an associated state/protectorate of the USA.

The country’s primary economy is the Shipping industry while agriculture and fruits & nuts form the minor economy of the islands.

Country Facts

 

Basic Details
RegionPacific Region
Capital CityMajuro
Government TypeParliamentary Republic
Official LanguagesMarshallese, English
CurrencyUnited States dollar, USD
Phone Code +692
Important CitiesAjeltake, Delap-Uliga-Djarrit, Ebeye, Laura,Rairok
National DayConstitution Day (May-01)
Economy
GDP (nominal)USD 0.277 Billion
Ease of Doing Business Ranking154
Primary IndustriesSubsistence economy,Modern economy,Coconut oil,Gross domestic product,Marshall island productivity.
Foreign Relations
Bordering NationsWake Island, Kiribati, Nauru, the Federated States of Micronesia
Member of(United Nations)
Major ExportsMarine Vessels, Mining, Metals & Minerals, Pharmaceutical Products, Machinery & Appliances, Wood and Pulp, Automobiles, Vehicles & Components, Other Products, Plastics and Products, Edible Oils & Seeds, Silk & Textiles, Electrical Products, Chemical Products, Instruments & Optical Solutions, Household Items & Products, Hides, Leather & Tannery, Rubber and Products
Major ImportsMarine Vessels, Other Products, Mining, Metals & Minerals, Machinery & Appliances, Railway and Locomotives, Hides, Leather & Tannery, Electrical Products, Silk & Textiles, Fisheries, Sea Food & Crustaceans, Instruments & Optical Solutions, Edible Oils & Seeds, Automobiles, Vehicles & Components, Animal Meat and Food Preperations, Cereals & Pulses, Plastics and Products, Retail & Fmcg Products, Food & Beverages, Spirits & Vinegar, Rubber and Products
Total Exports ValueUSD 1.562 Billion
Total Imports ValueUSD 16.634 Billion
Foreign Trade BalanceUSD 15.072 Billion (Deficit)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaBilateral trade between India and the Marshall Islands is constrained by the large distance between the two countries and the small size of the Marshallese economy. Trade between the two countries totaled US$ 102.32 million in 2015–16, rising sharply from $130,000 the previous fiscal. India exported $101.91 million worth of goods to the Marshall Islands, and imported $410,000. The main commodity traded between India and the Marshall Islands is mineral oil and its related products. Pharmaceuticals and drugs are also major Indian exports to the country.
Major Exports to IndiaMining, Metals & Minerals, Chemical Products, Electrical Products, Instruments & Optical Solutions, Machinery & Appliances, Wood and Pulp, Railway and Locomotives, Automobiles, Vehicles & Components, Aviation Vehicles, Marine Vessels
Major Imports from IndiaAutomobiles, Vehicles & Components, Pharmaceutical Products, Electrical Products, Books and Papers, Machinery & Appliances, Household Items & Products, Chemical Products, Railway and Locomotives, Aviation Vehicles, Marine Vessels, Instruments & Optical Solutions, Cosmetics and Accessories, Music and Instruments, Arms and Ammunitions, Toys and Games, Other Products, Art and Antiques, Silk & Textiles
India's Imports ValueUSD 0.88 Million
India's Exports ValueUSD 0.48 Million
Trade Balance with IndiaUSD 0.4 Million (Excess)
Indian Embassy Details for Marshall IslandsEmbassy of India
H.E. Mr Sibi George
Honourable Ambassador
2-2-11 Kudan-Minami, Chiyoda-ku, Tokyo 102-0074
iec.tokyo@mea.gov.in
81 3 3262-2391 to 97
https://www.indembassy-tokyo.gov.in/


Embassy Details of Marshall Islands in IndiaMarshall Islands
Honorary Consulate of Republic of Marshall Islands in New Delhi
H.E. Mr. Pavan G. Morarka
Honorary Consul
Flat 120, 1st floor,New Delhi House27, Barakhamba RoadNew Delhi-110001
hcrmi@bradys.in
01123720567/ 46144646 (O)